Infineon Technologies AG (OTCMKTS:IFNNY – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 10,000 shares, a growth of 22.0% from the August 31st total of 8,200 shares. Based on an average trading volume of 521,500 shares, the short-interest ratio is currently 0.0 days.
Wall Street Analyst Weigh In
A number of analysts have issued reports on IFNNY shares. New Street Research upgraded shares of Infineon Technologies to a “strong-buy” rating in a research note on Monday, September 9th. Barclays raised shares of Infineon Technologies to a “strong-buy” rating in a research report on Monday, June 24th.
Check Out Our Latest Research Report on IFNNY
Infineon Technologies Stock Performance
Infineon Technologies (OTCMKTS:IFNNY – Get Free Report) last posted its quarterly earnings results on Monday, August 5th. The technology company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.42 by $0.04. Infineon Technologies had a return on equity of 15.49% and a net margin of 14.08%. The business had revenue of $3.98 billion during the quarter. On average, research analysts forecast that Infineon Technologies will post 2.02 earnings per share for the current fiscal year.
Infineon Technologies Company Profile
Infineon Technologies AG designs, develops, manufactures, and markets semiconductors and semiconductor-based solutions worldwide. Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and memory ICs; transceivers; diodes, MOSEFTs, and modules; and voltage regulators for use in assistance and safety systems, comfort electronics, infotainment, powertrain, and security products.
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